Banking on the S&P500

Day Trade Ideas said last week in their technical analysis
of the S&Ps say that the 4 hour, Daily, Weekly and Monthly
trends are all pointing upwards. The following chart shows how
the S&Ps have risen steadily since the Autumn 2011 from a
level of 1,150 to the current level of just over 1,500,
although there have been two sharp retracements over that
time.

If this market is a one-way bet at present it would be
comforting to have built in stops in order to avoid the losses
that would be incurred by a similar market setback as
experienced between Sep 2012 and mid-Nov 2012. Binary options
provide the perfect tool with the Banker...

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